States / New York / S 5655

S 5655 In Committee

Relates to void provisions in construction contracts

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Voids provisions in construction contracts requiring retainage as expressly provided for by section seven hundred fifty-six-c of the general business law in an amount exceeding five percent of the contract sum.

Chamber
Senate
Introduced
Feb 26, 2025
Last action
Jun 11, 2025 — SUBSTITUTED BY A5405
Session
2025-2026
Momentum
28 · Low